The Factories Are Back, the Symbols Are Not: 42 War-Damaged Tickers Worth About 35% of the Tehran Bourse Stayed Frozen Through 22 Tir (Monday, July 13, 2026)

Today everyone worries about the index falling, but the number that truly matters is something quite different. The factories are back in production, yet the tickers of these same companies on the board are still frozen. About forty-two tickers, nearly thirty-five percent of total stock market value, still remain halted and closed. The equity market was shut about eighty days in the spring war and reopened, in a controlled way, on May nineteenth. On Monday, July thirteenth, the main index closed down one point seven nine percent, below five million points. By mid-July the index hit a record near five point three million, then corrected on fresh tension. The real target was petrochemical power plants; hitting Mobin and Fajr Energy cut power to many complexes. Mobarakeh Steel revived its number eight furnace in about forty-five days, instead of four months. According to industry officials, nearly eighty-nine percent of the war-hit petrochemical units are back in production. So why does the ticker stay frozen? The regulator ties reopening to full disclosure of the scale of the damage. A key point is that war damage has no conventional insurance, and it is funded mostly through capital increases. Mobarakeh Steel, Khuzestan Steel, Fajr Energy, Mobin Energy and Lavan Refining are all still halted on the board. The main risk ahead is political, not technical: the ceasefire and the winter gas and power shortages. What to watch: the official Codal disclosures, the live suspension status of the tickers, and the ceasefire path. Do you think these tickers reopen sooner or later? Please tell us your view in the comments below.